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Mallee Bull ‘Cobar Style’ Polymetallic discovery

January 2012

Mallee Bull is a ‘discovery in progress’, located within the Cobar district of NSW. The collaboration between Newexco and Peel Mining Pty Ltd has transformed a coincident electromagnetic and magnetic anomaly into an expanding copper-silver-gold-lead-zinc-cobalt discovery: the best intersection to date being 84 m at 5% Cu equivalent, as shown. Effective targeting of conductive mineralisation focussing on down-hole electromagnetic techniques continues to expand the resource base. Newexco recently reviewed the geophysics of the Sandy Creek project for Peel, identifying exploration potential to add to the ongoing success of the Mallee Bull discovery.

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